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Bulfinch Adds Biotech Firm to Needham Crossing

By Steve Adams | Banker & Tradesman Staff | Mar 16, 2023 | Reprints | Unlock Link

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Image courtesy of Bulfinch Cos.

Bulfinch Cos. will add another biotech tenant to a Needham property that it’s updating with additional lab space this year.

Evolved By Nature leased 43,000 square feet at 117 Kendrick St. Founded in 2013, Evolved By Nature develops silk-based ingredients for use in textiles, skin care and medical treatments.

The 213,000-square-foot office and lab building at Needham Crossing includes a mix of life science and office tenants, including ABio-X Holdings, Xenon Pharmaceuticals, Candel Therapeutics, Verastem Oncology, Warner Bros. Entertainment, Workbar, BBK Worldwide and C&W Services. 117 Kendrick now is 92-percent leased, and Bulfinch Cos. plans to convert another 18,000 square feet to lab-ready space this year.

Newmark’s Mark Roth and Matt Malatesta represented ownership in the Evolved by Nature lease, while Colliers’ Bill Lynch and John Carroll represented the tenant.

B&T Daily